(g) BANKRUPTCY, ETC.: Guarantor agrees that if at any time all or any
 part of any payment or performance theretofore applied by any
 Guaranty Beneficiary to any of the Obligations is or must be
 rescinded or returned by any Guaranty Beneficiary for any reason
 whatsoever (including the insolvency, bankruptcy or reorganization
 of Lessee), such Obligations shall, for the purposes of this
 Guaranty, to the extent that such payment or performance is or must
 be rescinded or returned, be deemed to have continued in existence,
 notwithstanding such application by the Guaranty Beneficiaries, and
 this Guaranty shall continue to be effective or be reinstated, as
 the case may be, as to such Obligations, all as though such
 application by a Guaranty Beneficiary had not been made. If an Event
 of Default shall at any time have occurred and be continuing, or the
 exercise of any remedy pursuant to the Lease, shall at such time be
 prevented by reason of the pendency against Lessee or any other
 Person of a case or proceeding under a bankruptcy, insolvency or
 similar law, or if the Lease or any other Operative Document shall
 be terminated as a result of a rejection or disaffirmance in a
 bankruptcy, insolvency or similar proceeding involving Lessee,
 Guarantor or any affiliate of Lessee or Guarantor, Guarantor agrees
 that, for purposes of this Guaranty and its obligations hereunder,
 the Lease or such other operative Documents shall be deemed to be in
 default with the same effect as if the Lease or such other Operative
 Documents had been enforceable in accordance with the terms thereof,
 and Guarantor shall forthwith pay all amounts, or any of them, to be
 paid thereunder, any interest thereon and any other amounts